(IBTF) iShares iBonds Dec 2025 - Ratings and Ratios

The iShares iBonds Dec 2025 Term Treasury ETF (IBTF) is designed to provide exposure to U.S. Treasury securities with maturities concentrated around December 2025. The fund adheres to a strict investment policy, allocating at least 80% of its assets to the component securities of its underlying index. Additionally, it commits at least 90% of its assets to U.S. Treasury securities, ensuring tight tracking of the indexs performance.

The underlying index specifically targets publicly-issued U.S. Treasury securities with maturities falling between January 1, 2025, and December 15, 2025. This narrow range makes IBTF particularly suitable for investors seeking exposure to Treasuries maturing around a specific date, allowing for precise duration management and reduced reinvestment risk.

As of the latest data, IBTF manages approximately $2.25 billion in assets under management (AUM), making it a sizeable player in the target maturity ETF space. The fund is structured as a pass-through entity, meaning it is not subject to entity-level taxes, which can enhance tax efficiency for investors. Additionally, its focus on U.S. Treasuries ensures a high level of credit quality, as these securities are backed by the full faith and credit of the U.S. government.

For investors and fund managers, IBTF offers a straightforward way to gain exposure to a specific segment of the Treasury yield curve. It is particularly useful for those looking to ladder maturities, manage interest rate risk, or align their investment horizon with the funds target maturity date. The funds transparency, liquidity, and low credit risk make it a practical tool for a variety of fixed-income strategies.